The pandemic has impelled businesses across industries to drive digital transformation efforts to make their operations more efficient and nimbler while responding to ever-evolving customer expectations and demands. Oracle enables companies to stay at the forefront in the digital world by accelerating the change with its most appealing capabilities. The breadth and depth of its solutions provide the right mix of SaaS applications and on-prem solutions that enable organizations to balance their specific cloud infrastructure requirements perfectly. Oracle offers a complete suite of technologies and applications to modernize the core, harness data, produce meaningful insights, and incorporate emerging technologies while upholding cyber defenses. Oracle has every application that keeps businesses afloat— whether they need to engage the workforce in a remote work environment or streamline their management and operational processes. As a result, companies can build an agile enterprise that can easily take on the next disruption with resiliency.
Many financial teams are struggling with the economic fallout associated with the Covid-19 crisis in today’s challenging time. To keep organizations solvent and ascertain their way through this frightful situation, Oracle released various updates for making its Fusion Cloud EPM and Fusion Cloud ERP more intuitive. The new predictive planning capability of its EPM leverages AI to identify trends from financial and operational data and ultimately make predictions. Businesses can gain visibility into any variance patterns of these forecasts at data load time. This enables them to make significant adjustments to enhance the quality and timeliness of decisions.
Meanwhile, the new features of its ERP, such as Intelligent Code Defaulting, provide organizations with recommendations for account codes for processing payables transactions using machine learning. It makes the process more accurate and efficient as the algorithm adapts and learns iteratively over time from past actions. Its new Intelligent Document Recognition capability also employs machine learning for automated extraction of financial information from various file formats such as PDF and .doc, promising to eliminate manual invoice entry to save significant time and energy for financial teams.
To help organizations gain the most from their Oracle investments, we present the “Top 10 Oracle Solution Companies - 2021.”
